SR-602-003 (27)
f:\person:misc/council\council70epmc PAU-RCA Santa Monica, California
Council Meeting: September 14, 2004
TO: Mayor and City Council
FROM: City Staff
SUBJECT: Resolution for Paying and Reporting the Value of Employer Paid Member
Contributions to the California Public Employees? Retirement System
INTRODUCTION
This report requests that Council adopt the attached resolution to report the value of
Employer Paid Member Contributions (EPMC) to the California Public Employees?
Retirement System, as allowed by Government Code Section 20636(c)(4) pursuant to
Section 20691. The attached resolution complies with the procedure required by
CalPERS.
DISCUSSION
The City of Santa Monica contracts with CalPERS to provide retirement plans for
permanent employees. Government Code Section 20636(c)(4), pursuant to
Section 20691, allows the City of Santa Monica to report to CalPERS, as compensation
earnable, the monetary value of normal contributions paid by the City on behalf of each
employee, referred to as Employer Paid Member Contributions (EPMC). This provision
has been negotiated with various bargaining units. CalPERS requires the attached
resolution as a matter of record. The affected miscellaneous bargaining units are the
Public Attorneys Union, Hearing Officer Representational Organization and the
unrepresented coordinators? unit in the Santa Monica Rent Control Board, which
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consists of Board Office Coordinator, Budget Office Coordinator, and Agency Office
Coordinator.
BUDGET/FINANCIAL IMPACT
The recommendation presented in this report does not have any budget or financial
impact as, per memoranda of understanding, the employees will reimburse the City the
cost of this benefit.
RECOMMENDATION
City Staff recommends that the City Council adopt the attached resolution.
Prepared By: Karen Bancroft, Director of Human Resources
Attachments: Resolution (noted miscellaneous employees) See adopted Resolution
9974 (CCS)
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